Goldsource Mines Inc GXSFF

Primary Symbol: V.GXS

Metals & Mining Gold

Goldsource Mines Inc. is a Canada-based resource company, which is engaged in exploration activities. The Company is focused on the Eagle Mountain Gold Project (Eagle Mountain) for which it has a 100% interest in the Eagle Mountain Prospecting License (EMPL) and the Kilroy Mining Permit (collectively, the Property). The Property is located approximately seven kilometers (km) south of Mahdia Township (population approximately 3000). Mahdia Township can be accessed by road from Georgetown, a driving distance of approximately 325 km, or via air by a commercial flight. The Property consists of an area of approximately 5,050 hectares (ha) (12,480 acres) in central Guyana, South America. 4,784 hectares (11,820 acres) of the Eagle Mountain Property relate to the EMPL while 266 ha (660 acres) relate to the Medium Scale Mining Permit held by Kilroy Mining Inc. (Kilroy), on which the Company has a long-term lease with a 2% net smelter return royalty.

TSXV:GXS - Post by User

Goldsource Mines Inc

Bullboard Posts

Post by Grizzly44on May 14, 2008 9:53am

152 Views

Post# 15071497

Staking - hope this clears up the mess

Press Release

Source: Wescan Goldfields Inc.

Wescan Goldfields confirms early application for coal dispositions in Saskatchewan
Wednesday May 14, 9:32 am ET

Stock Symbol: WGF: TSX-V

SASKATOON, May 14 /CNW/ - Wescan Goldfields Inc. (WGF: TSX-V) ("Wescan")is pleased to announce that it has applied for an extensive package of coaldispositions in the east central area of Saskatchewan. Coal permitapplications covering approximately 240,000 hectares were submitted in April,in accordance with the Coal Disposition Act of Saskatchewan, immediatelyfollowing the announcement of a significant coal discovery in that region.Wescan is currently in the process of acquiring a letter of comfort fromSaskatchewan Energy and Resources and Wescan will promptly report upon receiptof this letter. The receipt of any actual dispositions and permits will bedependent upon regulatory approval and related time requirements to processthe applications.

Wescan applied for coal dispositions adjacent to and partiallysurrounding the coal discovery made by Goldsource Mines Inc. ("Goldsource"),which was announced by Goldsource on April 22, 2008. The near surfaceintersections discovered by Goldsource were made in two holes targetingkimberlite spaced 1.64 kilometres apart in an area 50 kilometres north ofHudson Bay, Saskatchewan.

Wescan is a Canadian based corporation engaged in the acquisition,exploration and development of mineral properties. Shares of Wescan trade onthe TSX Venture Exchange under the trading symbol "WGF".